HomeMy WebLinkAboutCity Council - 2141 RESOLUTION No. 2141
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF HUNTINGTON BEACH APPROVING AND
ENDORSING PROPOSED ASSEMBLY BILL No.152
AND CONSTITUTIONAL AMENDMENT PROPOSAL No.
8 SUBMITTED TO THE 1965 LEGISLATURE
WHEREAS, the City Council of the City of Huntington Beach
fully recognizes the importance of the rights of cities,
counties and political subdivisions to raise money through
the issuance of general obligation bonds in accordance with
existing law; and
WHEREAS, if monies could not be raised through the issuance
of general obligation bonds much needed capital improvements
would have bo be delayed and probably would not have been
built, which capital improvements are necessary for the enjoy-
ment and for the welfare of the various citizens affected
thereby; and
WHEREAS, under existing State law the general obligation
bonds cannot be issued until submitted to a vote of the citi-
zens of the political subdivision attempting to issue said
general obligation bonds and under existing State law such
must be voted in by a majority of 66-2/3% of the people voting;
and
WHEREAS, many general obligation bonds are defeated by a
narrow margin, indicating the majority of the people effected
thereby desire that said general obligation bonds be issued
but by .a small margin the same is defeated, to the detriment
of the citizens affected thereby.
1.
Ord. N0.2141
WHEREAS, proposed Assembly Bill No. 152 and proposed
Constitutional Amendment No. 8 submitted to the 1965 Legis-
lature, reduces the requirement from 66-2/3% to 60%, and
It is believed that it would be for the best instersts of all
political subdivisions to support the passage of said Assem-
bly Bill and Constitutional Amendment proposal, as submitted.
NOW, THEREFORE, BE IT RESOLVED: The City Council of the
City of Huntington Beach does support Assembly Bill No.152
and Constitutional Amendment Prop -sal No. 8 submitted to the
1965 Legislature, which would reduce the requirement of
66-2/3% vote of the citizens voting for the passage of the
issuance of general obligation bonds to 60%; and
BE IT FURTHER RESOLVED, that copies of this resolution be
sent to all Assembly and State Senators of Orange County
and each City in Orange County and the Board of Supervisors
of Orange County,
PASSED AND ADOPTED by the City Council of the City of
Huntington Beach, California, this _15th day of March ,
19650
or
ATTEST�
A OV AS T
City Zerk ALES LU TT C ty Attorney
George hibata,
Asst. City Attorney ,
2.
RES. NO. 2141
STATE OF CALIFORNIA)
Cwanty of Orange ) ss
City of Huntington Beach )
I, PAUL C. JONES, the duly elected, qualified and
acting City Clerk of the City of Huntington Beach, and ex-officio
Clerk of the City Council of said City, do hereby certify that the
whole number of members of the City Council of the City of Hunt-
ington Beach, is five; that the foregoing resolution was passed and
adopted by the affirmative vote of more than a majority of all the
members of said City Council at a regular meeting thereof held on
the 15th day of March 1965 .
AYES: Councilmen:
Welch, Gisler, Stewart , Lambert , Shipley
NOES: Councilmen:
None
ABSENT: Councilmen:
None
C r'
City Clerk and e±-officio Clerk of the
City Council of the City of Huntington
Beach, California
I